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What Happens When a Business is in Distress?

What happens when a company faces financial distress? The options can be complex! What are some of the common options? Receivership: A lender-initiated option to

What is Assignment for the Benefit of Creditors?

Explaining an emerging alternative to bankruptcy to resolve distress What is an ABC? Assignment for the benefit of creditors (ABC) is a state law winddown

The Chapter 11 Process

Understanding restructuring options can be complex. What happens when a Chapter 11 filing is pursued? We’ve put together a helpful guide to understand and contemplate

Resolute Appointed as Chapter 11 Trustee over 15 Franchise Restaurants in Three States

The United States Bankruptcy Court for the District of Montana appointed Jeremiah Foster on October 27, 2015 as Trustee in the case of Shoot the